4861 Bechelli Ln Redding, CA 96002

This retail property is located in Redding, California, the center of trade and commerce for the Upstate Region of Northern California. The property benefits from a synergistic mix of national and regional tenants on NNN leases, featuring favorable increases every 5 years throughout the initial term and options. Constructed in 2024, the property features perimeter freeway, pole, and monument signage. The location provides easy access and excellent visibility along the area's major retail and traffic corridor, with a new roundabout at the Bonneyview/Bechelli intersection and immediate access to Interstate-5. Situated within the River Crossing Marketplace, anchored by Costco, the property benefits from high traffic. The surrounding area includes numerous national retailers and restaurants such as Save Mart, Ross Dress for Less, and Chick-fil-A. The area is experiencing major growth, with more than 400,000 square feet of new retail development planned nearby. The property is located in a densely populated and affluent area, with an average household income of more than $97,000 within a 1-mile radius and over 89,000 people residing within a 5-mile radius. It is also located less than a mile from a proposed new casino, hotel, and convention center, which includes plans for a casino with 1,200 slot machines and 36 game tables, a 250-room hotel, an 1,800-seat event center, and a 1,500-seat outdoor amphitheater.